Lampert Boosts Sears Stake by $13.6 Million

The billionaire and incoming CEO added 332,048 shares to his direct stake.

Although Sears Holdings' shares are far from their highs, billionaire Edward S. Lampert, the retailer's chairman and incoming chief executive, increased his stake, proving that the stock is no blue light special.

On Jan. 9 and 10, Lampert bought 332,048 shares of Sears (ticker: SHLD) for $13,576,981, an average of $40.89 each. His direct holdings...